Rents of dwellings: Revised data for 2010

The data of the quarterly statistics on rents
of dwellings published by Statistics Finland have been revised as
regards the year 2010. In the revision, around 30,000
government-subsidised rental dwellings were changed into
non-subsidised rental dwellings. Due to the revision, year-on-year
changes in rents of dwellings were 0.5 to 0.7 percentage points
higher than previously reported.

During the first quarter of 2010, the year-on-year increase in
rents was 2.6 per cent. The rents of non-subsidised rental
dwellings went up by an average of 2.1 per cent in the whole
country. In the Greater Helsinki Area the rents of non-subsidised
rental dwellings went up by 0.5 per cent and in the rest of Finland
by 3.0 per cent. The rents of government subsidised dwellings rose
by 3.4 per cent in the whole country. Compared to the previous
quarter, the rents of non-subsidised dwellings decreased by an
average of 0.6 per cent and the rents of government subsidised
dwellings increased by 1.6 per cent.

During the second quarter of 2010, the year-on-year increase in
rents was 2.3 per cent. The rents of non-subsidised rental
dwellings went up by an average of 1.8 per cent in the whole
country. In the Greater Helsinki Area the rents of non-subsidised
rental dwellings went up by 2.7 per cent and in the rest of Finland
by 1.2 per cent. The rents of government subsidised dwellings rose
by 3.2 per cent in the whole country. Compared to the previous
quarter, the rents of non-subsidised dwellings increased by an
average of 1.4 per cent and the rents of government subsidised
dwellings by 0.6 per cent.

During the third quarter of 2010, the year-on-year increase in
rents was 2.8 per cent. The rents of non-subsidised rental
dwellings went up by an average of 2.9 per cent in the whole
country. In the Greater Helsinki Area the rents of non-subsidised
rental dwellings went up by 2.8 per cent and in the rest of Finland
by 2.9 per cent. The rents of government subsidised dwellings rose
by 2.7 per cent in the whole country. Compared to the previous
quarter, the rents of non-subsidised dwellings decreased by an
average of 0.1 per cent and the rents of government subsidised
dwellings by 0.2 per cent.

During the last quarter of 2010, the year-on-year increase in
rents was 2.5 per cent. The rents of non-subsidised rental
dwellings went up by an average of 2.1 per cent in the whole
country. In the Greater Helsinki Area the rents of non-subsidised
rental dwellings went up by 3.5 per cent and in the rest of Finland
by 1.3 per cent. The rents of government subsidised dwellings rose
by 3.1 per cent in the whole country. Compared to the previous
quarter, the rents of non-subsidised dwellings increased by an
average of 1.4 per cent and the rents of government subsidised
dwellings by 1.1 per cent.

The development of rents and consumer prices,
2005=100

The data derive from quarterly statistics on rents compiled by
Statistics Finland. The rent statistics are based on interview data
collected in connection with the Labour Force Survey and on the
Population Register Centre’s Building and Dwelling
Register.